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Episode

#111 - Sam Parr Returns: The Scheme King is Back
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52:14
Published: Wed Sep 16 2020
Description

Sam Parr (@theSamParr) is back with Shaan Puri (@ShaanVP) on the pod today after a leave of absence from the show. In today’s episode you’ll hear: Shaan and Sam talk about Sam’s medical condition and catch up generally (0:18), Sam asks Shaan for a recap on some of the episodes from while Sam was out and Shaan tells him about Kat Cole and her rise to corporate prominence (21:45), Shaan tells Sam about the show with the Jonathon Barkl from Air Garage (25:10), Shaan and Sam talk about cultural and ethnic food delivery options like SayWeee! (29:30), Sam asks Shaan how his rolling venture fund is going (40:00), Shaan explains what a rolling venture fund is (48:45). Our sponsor today is lemon.io! They are offering a 15% discount for the first 6 weeks of work for all MFM fans. Go to Lemon.io/mfm to claim the offer! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion.  See acast.com/privacy for privacy and opt-out information.

Chapters
HubSpot is a modern and easy-to-use CRM platform that automates tedious tasks, tracks contact information and deals, and provides access to data to better serve customers and reach business goals.
00:00 - 01:06 (01:06)
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HubSpot
Summary

HubSpot is a modern and easy-to-use CRM platform that automates tedious tasks, tracks contact information and deals, and provides access to data to better serve customers and reach business goals. It's the perfect solution for businesses looking to save money while improving their sales pipeline.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The speaker recounts their experience of mistaking kidney failure and Lyme disease symptoms for a kidney stone and toothache, respectively.
01:06 - 04:30 (03:24)
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Kidney failure, Lyme disease
Summary

The speaker recounts their experience of mistaking kidney failure and Lyme disease symptoms for a kidney stone and toothache, respectively. They were ultimately diagnosed and treated for both conditions.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The speaker struggles to articulate their thoughts about whether Lyme disease may also have a similar origin to the conspiracy theory about the Wuhan lab leaking the coronavirus.
04:30 - 07:17 (02:46)
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Lyme Disease
Summary

The speaker struggles to articulate their thoughts about whether Lyme disease may also have a similar origin to the conspiracy theory about the Wuhan lab leaking the coronavirus. They also discuss their experience waking up with "sleep in their eyes" and inquire about a "crazy doctor".

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The speaker contemplates the benefits of having a doctor always available to handle their health care needs, even considering paying a premium for it.
07:17 - 13:21 (06:04)
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Medical Care
Summary

The speaker contemplates the benefits of having a doctor always available to handle their health care needs, even considering paying a premium for it. They cite Peter Tia as an example of an alternative healthcare system that can cost hundreds of thousands of dollars per year.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The speaker contemplates the insignificance of material possessions and the importance of focusing on the present moment.
13:21 - 17:52 (04:30)
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Philosophy
Summary

The speaker contemplates the insignificance of material possessions and the importance of focusing on the present moment.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The speaker discusses the benefits of regularly practicing gratitude, such as creating a better quality of life and releasing stress, and shares a technique called negative visualization.
17:52 - 21:18 (03:26)
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Gratitude
Summary

The speaker discusses the benefits of regularly practicing gratitude, such as creating a better quality of life and releasing stress, and shares a technique called negative visualization.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The current President of Cinnabon shares her journey from being a Hooters waitress who dropped out of college to becoming the head of Hooters America and later the Parent Company of Cinnabon.
21:18 - 25:45 (04:26)
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Career Growth
Summary

The current President of Cinnabon shares her journey from being a Hooters waitress who dropped out of college to becoming the head of Hooters America and later the Parent Company of Cinnabon. She highlights the importance of starting from low-level corporate to achieve success.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
In a conversation discussing personal stock portfolios, the concept of expanding the Robinhood referral model to other industries comes up, including the potential for a similar approach to be applied to the United States Postal Service.
25:46 - 30:01 (04:14)
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Innovation
Summary

In a conversation discussing personal stock portfolios, the concept of expanding the Robinhood referral model to other industries comes up, including the potential for a similar approach to be applied to the United States Postal Service.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
Ethnic specialty stores are small shops that offer specific ingredients and spices that reflect the cuisine of different cultures.
30:02 - 36:38 (06:35)
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Specialty Stores
Summary

Ethnic specialty stores are small shops that offer specific ingredients and spices that reflect the cuisine of different cultures. These stores are significant for customers who want more authentic ingredients that are not available at regular grocery stores.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
This podcast episode talks about a man who spied on his daughter's boyfriend using an app he created, and also mentions the profitable investment of Red Apple that earned 30 million in sales with 5 million in profit.
36:38 - 43:51 (07:13)
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Spying, Investment
Summary

This podcast episode talks about a man who spied on his daughter's boyfriend using an app he created, and also mentions the profitable investment of Red Apple that earned 30 million in sales with 5 million in profit.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
Starting your own fund requires at least $50 million to be financially beneficial and takes a lot of hard work.
43:52 - 49:00 (05:07)
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Fund Management
Summary

Starting your own fund requires at least $50 million to be financially beneficial and takes a lot of hard work. While it may be good for finances, it may not necessarily help you build a kingdom.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
The speaker talks about using Twitter and other sales techniques to raise money for a hedge fund, with 60% of the funds coming from Twitter.
49:00 - 52:00 (03:00)
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Hedge Fund
Summary

The speaker talks about using Twitter and other sales techniques to raise money for a hedge fund, with 60% of the funds coming from Twitter. The fund has the potential to double in size based on investor interest and can take on new investors every quarter.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million
Sam Harris thanks his fans for the support and mentions that he received a thousand DMs while he was away.
52:00 - 52:15 (00:15)
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Sam Harris
Summary

Sam Harris thanks his fans for the support and mentions that he received a thousand DMs while he was away. He plans to return in two days for his next episode.

Episode
#111 - Sam Parr Returns: The Scheme King is Back
Podcast
My First Million